Early economy

Cards (19)

  • What was the outcome of the legislation proposed in Elizabeth's first parliament regarding the economy?

    None passed into law
  • How could the economy be spread according to the study material?
    Through Royal proclamation and Justices of the Peace (JPs)
  • What was the role of the Council of the North regarding wage rates?

    • Tried to enforce a schedule of wage rates
    • Collaborated with the corporations of York and Hull
    • Focused on counties like Northamptonshire, Buckinghamshire, and Worcester
  • What is the Statute of Artificers, and when was it enacted?

    It was a national attempt enacted in 1563
  • What did the Statute of Artificers mandate regarding compulsory labor?

    It mandated compulsory labor during times like harvest
  • Who set the wage according to the Statute of Artificers?

    Justices of the Peace (JPs)
  • What was the minimum apprenticeship duration established by the Statute of Artificers?

    7 years minimum
  • What protection did apprentices have under the Statute of Artificers?

    They could not be sacked for no reason
  • What restrictions were placed on laborers and craftsmen under the Statute of Artificers?

    They could not leave without notice
  • What was the purpose of the Act for Relief of the Poor?

    To address the large number of homeless and unemployed people
  • Who was responsible for overseeing the implementation of the Act for Relief of the Poor?
    Justices of the Peace (JPs)
  • What role did JPs play in assessing eligibility for poor relief?

    They assisted in assessing who was eligible
  • How did JPs regulate begging according to the Act for Relief of the Poor?

    They began to regulate begging within their jurisdiction
  • What power was given to JPs regarding poor rates?

    They were empowered to oversee poor rates
  • What was one of the economic measures taken early in Elizabeth's reign?

    A scheme was announced for the withdrawal of debased coins
  • What was the quality of the new coins made during Elizabeth's reign?

    They had a higher silver content
  • What attempt was made regarding price control during Elizabeth's reign?

    There was an attempt to fix prices
  • What was the economic situation despite attempts to fix prices?
    There was still some inflation
  • Who was blamed for the inflation during Elizabeth's reign?

    The government was not at fault